Log in



Lost your password?
  • FREE TRIAL
  • ABOUT
    • About EnerKnol
    • Company News
    • Careers at EnerKnol
    • Press
  • PRODUCT
    • About the EnerKnol Platform
    • Why EnerKnol
    • Source Coverage
    • Get Access to the EnerKnol Platform
  • ANALYST RESEARCH
    • Renewables
    • Environmental Markets
    • Fossil Fuels
    • Power & Utilities
    • View All Research
    • Get EnerKnol Research
  • EVENTS
    • EnerKnol Calendar
    • New York Energy Week
  • NEWS
  • SUBSCRIBE
MENU
Login

Access the EnerKnol platform

EnerKnol
EnerKnol is the leading provider of regulatory data, analytics, and tracking software for North American energy markets
EnerKnol
  • FREE TRIAL
  • ABOUT
    • About EnerKnol
    • Company News
    • Careers at EnerKnol
    • Press
  • PRODUCT
    • About the EnerKnol Platform
    • Why EnerKnol
    • Source Coverage
    • Get Access to the EnerKnol Platform
  • ANALYST RESEARCH
    • Renewables
    • Environmental Markets
    • Fossil Fuels
    • Power & Utilities
    • View All Research
    • Get EnerKnol Research
  • EVENTS
    • EnerKnol Calendar
    • New York Energy Week
  • NEWS
  • SUBSCRIBE
Search:
oil and gas lease sale

The U.S. Bureau of Land Management state offices generated more than $1.1 billion of revenue from oil and gas lease sales during 2018, nearly thrice the previous record of $408 million set a decade ago, according to a Feb. 6 press release. The agency’s New Mexico office held 2018’s biggest lease sale in September, earning a record-breaking $972 million, which is more than all the sales in 2017 combined.

  • The agency held 28 oil and gas auctions in 2018, leasing a total of 1,412 parcels, covering almost 1.5 million acres.
  • The revenue generated in 2018, the highest grossing year on record, is almost equal to the agency’s budget for Fiscal Year 2018.
  • The agency said that 48 percent of the revenue – nearly $500 million – has gone back to states.
  • In 2019, the agency is scheduled to hold 28 oil and gas lease sales.
February 12, 2019
Share
TweetShare on Twitter Share on FacebookShare on Facebook Share on LinkedInShare on LinkedIn

Post navigation

PreviousPrevious post:Green New Deal Resolution Calls for World War II Style Mobilization to Fight Climate ChangeNextNext post:EnerKnol’s Visual Primer – Con Ed’s Gas Supply Crunch Highlights Perils of Infrastructure Blockade

Related Research

brent crude oil
Strait of Hormuz Remains Critical Supply Route Amid Middle East Conflict: EIA
June 17, 2025
EPA Releases Strategic Plan in Conjunction with President's Proposed $11.8 Billion Budget to Address Climate Change, Environmental Justice
Maryland Ends Gas Line Extension Subsidies Citing Inconsistency With Emissions Goals
June 16, 2025
EnerKnol Research PU Policy Primer Carbon Markets 2025 06 17 Blog preview 1
Policy Primer: Carbon Pricing June 2025 Update
June 16, 2025
EnerKnol Research PU Policy Primer Carbon Markets 2025 06 17 Blog preview
Policy Primer: Carbon Pricing June 2025 Update
June 16, 2025
Trump Administration’s Court-Ordered Analysis of Wyoming Coal Leases Finds No Climate Impacts
U.S. Interior Proposes to Reverse Coal Mining Rule to Streamline Federal-State Coordination
June 16, 2025
Week Ahead: Federal Offshore Oil and Gas Leasing, ME Examines Gas Utility Planning, CO’s Clean Heat Targets
June 12, 2025
U.S. LNG Exports Rose by 58 Percent in First Half of 2018 as Export Facilities Expand
Japan’s JERA Finalizes Long-Term Deals to Buy 5.5 Million Tons Per Year of U.S. LNG
June 12, 2025
washington WA ECY
Washington’s Carbon Auction Proceeds Surpass $3 Billion
June 12, 2025
  • Renewables
    • Biofuels
    • Electric Vehicles
    • Hydropower
    • Nuclear Power
    • Solar Power
    • Wind Power
  • Environmental Markets
    • Carbon Markets
    • Emissions
  • Fossil Fuels
    • Coal Power
    • Natural Gas
    • Oil
  • Power & Utilities
    • Energy Efficiency
    • Energy Storage
    • Retail Power & Gas
    • Smart Grid
    • Wholesale Markets

Subscribe To Our Research Newsletter!


First Name *
Last Name *
Email Address *
Phone *
Company *
Job Title *
Select any sectors you're interested in

Submit Form
EnerKnol
Copyright (C) EnerKnol, Inc. | 175 Greenwich Street, FL-38 New York, NY 10007 | (212) 537-4797 | sales@enerknol.com | Terms & Conditions       Visit EnerKnol on YouTube  Visit EnerKnol on Facebook  Visit EnerKnol on Twitter  Visit EnerKnol on LinkedIn